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Established Restaurant in Memphis, Texas
For Sale
$1,900,000

1022 Boykin Drive, Memphis, TX 79245

COMMERCIAL - Memphis, TX

Property SizeContact for details
Days on Market139

Property Features for 1022 Boykin Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 8000 - All areas in the 8000's
Directions Enter city limit and drive approximately 1 mile. Located on the East side of the road on HWY 287
Subdivision 8020 - Memphis
Standard status Active
APN Debbie Wiles
Listing Agency: Major League Realty, Inc.
Listed By: Mark Montgomery · License #707269
Added: Apr 17 Changed: Aug 4 Last Checked: Sep 2 at 2:06PM
MLS# 24-4452

Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-established restaurant is located in Memphis, Texas. The property features a fully stocked kitchen, buffet, tables, and booths. It is described as having a family atmosphere. The restaurant has highway frontage and is a local favorite. The property is suitable for commercial real estate and conventional restaurant use.

Key Highlights

  • Well‑established restaurant with a proven track record.
  • Fully stocked kitchen and buffet setup ready for immediate operation.
  • Great highway frontage providing high visibility and accessibility.

Property Analytics

Current Use

Rock Inn Cafe Restaurant U'F Attic Insulation ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby
22k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Allsups Shops & Services
18,186 visits/mo 0.0 miles
Valero Energy Shops & Services
3,722 visits/mo 0.1 miles

Demographics for 79245, TX

2,192
Population
1,205
Households
1.8
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
282.8 sq mi
ZIP Area
8
Density / Sq Mi
$46,667
Median Household Income
$34,844
Median Earnings
$608
Median Rent
$79,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Well-established restaurant with highway frontage in Memphis, Texas.
Where is this conventional restaurant located?
The property is located at 1022 Boykin Drive Memphis, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Well‑established restaurant with a proven track record.; Fully stocked kitchen and buffet setup ready for immediate operation.; Great highway frontage providing high visibility and accessibility.
More about this property
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